Stand Alone Office Building FOR SALE

For Sale

240 E Third St, Lexington, KY 40508

This Lexington property for sale is located at 240 E Third St. The general use of Stand Alone Office Building FOR SALE is office and it incorporates 1,964 square feet of class C office space. The current listed sale price for Stand Alone Office Building FOR SALE is $399,000.

Contacts

broker
Gabe Measner

SVN | Stone Commercial Real Estate

Property Details

  • Property Type Office - General Office
  • Property Size 1,964 SF
  • Building Class C
  • Year Built 1880
  • Date Updated Jun 5, 2025
Lexington, Kentucky has been rated as one of America's premier cities by some of the most noted and revered industry standard-bearers, such as Forbes magazine, the U.S. Census Bureau, Cognetics consulting group, Dun & Bradstreet, Ladies Home Journal, and Places Rated Almanac - just to name a few. Most people think of rolling countryside with stone fences, great basketball action, horse farms, Thoroughbred racing at Keeneland, a diverse economy, and outstanding schools, colleges and universities. Our community ranks high in quality of life factors, such as health care, public safety, educational attainment, and quality family living. The area also measures high among the best places for business location, creativity, entrepreneurial growth, and career relocation. Residents of competing cities view Lexington as a beautiful place, with great schools, an innovative health care system, a strong economy, and mountains of potential.SVN Stone Commercial Real Estate is pleased to present this 1,964-square-foot standalone mixed-use property, ideally located in the heart of downtown Lexington, Kentucky. Zoned B-2, the building accommodates both commercial and residential uses, making it an excellent opportunity for owner-occupants or investors. The property includes two private suites suitable for office or residential use, each featuring its own entrance, hardwood flooring, a full kitchen, and a bathroom. Additional amenities include a fenced yard and off-street parking—rare features in the downtown market. Located at 240 E. Third Street, just blocks from City Center, the property offers walkable access to some of Lexington’s best restaurants, nightlife, and business destinations. Whether you're a small business owner seeking a vibrant location or an investor pursuing a prime asset in a growing urban corridor, this property offers exceptional potential. For more information please contact Gabe Measner at // 859.630.7106 or John Bunch, SIOR at // 859.433.8911.
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Highlights

  • $399,000
  • 1,964 Sq. Ft.
  • Off Street parking
  • Private access
  • Two Suites

Getting around

  • 85/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 74/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Lexington, KY
  • Neighborhood Downtown Lexington
  • Zip Code 40508
  • Market Lexington

Points of Interest

  • Marathon

    0.08 miles

  • Speedway

    0.77 miles

  • Shell

    1.46 miles

  • Thorntons

    1.47 miles

  • Tesla Supercharger

    4.27 miles

  • ChargePoint

    4.88 miles

  • Courthouse Plaza

    0.28 miles

  • LFUCG Garage

    0.35 miles

  • Helix Parking Garage

    0.38 miles

  • Phoenix Lot

    0.40 miles

  • Library Parking

    0.41 miles

  • Common Grounds

    0.49 miles

  • Victorian Square parking garage

    0.51 miles

  • Calvary Baptist Churc

    0.52 miles

  • Rupp Arena Parking Lot

    0.76 miles

  • AOII parking lot

    0.76 miles

  • The Sire Hotel

    0.31 miles

  • 21c

    0.42 miles

  • Residence Inn Lexington City Center

    0.43 miles

  • Lexington Marriott City Center

    0.46 miles

  • Hilton Lexington/Downtown

    0.56 miles

  • Hyatt Regency Lexington

    0.65 miles

  • Bourbon Hous

    0.78 miles

  • SpringHill Suites

    1.46 miles

  • Holiday Inn Express & Suites

    1.49 miles

  • Catalina Motel

    1.65 miles

  • Wine + Market

    0.73 miles

  • Kroger

    1.13 miles

  • Wildcat Pantry

    1.27 miles

  • Lucky

    1.58 miles

  • Walmart Supercenter

    1.68 miles

  • Ross

    1.69 miles

  • Aguacalientes Grocery

    1.89 miles

  • ALDI

    1.89 miles

  • FoodLand

    2.07 miles

  • Big Lots

    3.01 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Gabe Measner

SVN | Stone Commercial Real Estate

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